Repaints Wolf Waves for ThinkorSwim

[krsheath]

Anyone got a scanner? I've the wolfe wave from funwiththink script and the scanner -- . the scanner is soo messed up .. I ask the developer if I can scan on 4HR using 5th wave - and he says no.

 

[CD77]

I bought this few weeks back

@krsheath What's your overall thoughts on the indicator? I know there is no "silver bullet" so to speak in an indicator, but did this provide you value for the cost vs what's available here?

 

[krsheath]

@krsheath What's your overall thoughts on the indicator? I know there is no "silver bullet" so to speak in an indicator, but did this provide you value for the cost vs what's available here?

Script is good . but scanner is waste of money.. I contact the developer to provide instruction's - So when wave5 and bullish is confirm it should scan and alert me.. and he said he's not able to do that.

 

[Ramesh16]

@krsheath What's your overall thoughts on the indicator? I know there is no "silver bullet" so to speak in an indicator, but did this provide you value for the cost vs what's available here?

does it paint 1, 2, 3...waves?

 

[krsheath]

 

[J007RMC]

does it paint 1, 2, 3...waves?

Right well, this may sound, unconventional I no longer draw trendlines I rely on the day/weekly fibs plus that indicator it really has simplified my charts and I see the patterns develop in short/daily time frames so really I wait for patterns to form either bullish or bearish patterns and this worked out for me.

the answer is generally no they don't re-paint but it depends on price movement so yes it's possible, but these points I will say are highly reliable.

 

[J007RMC]

left is a Renko chart the price point estimates are fairly accurate.

https://imgur.com/oE8PYwU

 

[Pensar]

@BenTen @sahid - Are the above codes premium indicators? If so, they should not be shared.

 

[BenTen]

@Pensar Good catch! Thanks for tagging me in. I've removed the comment.

 

[Scola]

@J007RMC I have the same wolfe wave indicator. I have contacted Robert and he pointed me towards you. I am interested to know how you trade using wolfe wave. I noticed the Purple or Blue candles with the up or down arrows seem to give quite a few false signals. Should I wait until a breakout of the trendlines to enter?

 

[J007RMC]

@J007RMC I have the same wolfe wave indicator. I have contacted Robert and he pointed me towards you. I am interested to know how you trade using wolfe wave. I noticed the Purple candles with the up or down arrows seem to give quite a few false signals. Should I wait until a breakout of the trendlines to enter?

Hello, and good morning. Primarily those candles are transitionary they serve to alert high/low change really. Also, give attention to the dashed bull/bear lines. Breakout of the trend lines yes break above/below I also use my indicators to confirm daily/weekly fibs and an anchor chart along with a lower time frame chart as discussed in the pdf file. Frankly, though we are not allowed to discuss premium indicators here.

 

[CD77]

Anyone got a scanner? I've the wolfe wave from funwiththink script and the scanner -- . the scanner is soo messed up .. I ask the developer if I can scan on 4HR using 5th wave - and he says no.

I'm interested as well. I've really been finding all these studies related to the wolfe waves useful. An effective scanner would be awesome.

 

[J007RMC]

does it paint 1, 2, 3...waves?

I'm interested as well. I've really been finding all these studies related to the wolfe waves useful. An effective scanner would be awesome.

nope, that scanner is protected by the writer any release without permission is subject to the law. The same goes for all premium scripts.

 

[CD77]

nope, that scanner is protected by the writer any release without permission is subject to the law. The same goes for all premium scripts.

I understand that aspect of it and am in no way interested in anything unlawful. I was referring to the wolfe wave studies and variants native to this forum. In no way asking for a hacked version of a premium one. I've bought the premium study, just been reading the not so great comments on the premium scanner. was hoping there was one for the wolfe study on here since i use that study as well.

 

[BenTen]

@OBW Nothing was deleted on here except for your comments with the constant linking to the FunWithThinkScript site (your site). We received several reports from our members regarding your promotion-like messages. Your original account was banned on here for the same reason.

but allow posts describing ways to obtain pirated copies. Shame.

Not true! We take piracy seriously and don't encourage it within our community. If you or anyone sees this sort of behavior, please report it.

Someone recently posted your Wolf Wave indicator on our forum. Members like @SuryaKiranC and @jnitro brought it to my attention, and I removed it.

 

[stockscouter87]

@BenTen @horserider @markos ....... hey guys so I came across this indicator on Twitter made by scripts to trade. I was about to buy it bc it seemed I would actually like to have the information on my screen so I won't have to switch between charts to check p&l.


After looking at it closer, I realized that I use a very similar indicator n my 5min and daily chart. The wolf waves. So I was wondering if there is anyway to incorporate the rest of the data onto a chart. Here is the imae. Well, im on my phone and its acting crazy after this last update so I may have to log onto my pc but its called the risk reward indicator

 

[stockscouter87]

@BenTen @horserider @markos ....... hey guys so I came across this indicator on Twitter made by scripts to trade. I was about to buy it bc it seemed I would actually like to have the information on my screen so I won't have to switch between charts to check p&l.


After looking at it closer, I realized that I use a very similar indicator n my 5min and daily chart. The wolf waves. So I was wondering if there is anyway to incorporate the rest of the data onto a chart. Here is the imae. Well, im on my phone and its acting crazy after this last update so I may have to log onto my pc but its called the risk reward indicator

well i finally got to my PC and I start checking it out and it seems we already have that..... Also, it seems as if they are selling it..... Im not going to get into is this right or wrong even though it seems wrong, Ive just read these posts before and it seems like its fair game and legal.........

My thoughts though, there should be a law to where if its given to a community, then its that communities and NOT the whole worlds..... Thats just my tiny take on it....

thanks again and happy trading!!

 

[hexis777]

hi master, it is possible you can help us with a script type scanner to obtain only the "S1" indicator.
Than you ,)

 

[BenTen]

@hexis777 Here you go. Disabled everything except for "S1"

# Wolf Waves
# Mobius
# V01.05.22.2018

# User Inputs

input n = 10;

# Internal Script Reference

script LinePlot {

    input BarID = 0;

    input Value = 0;

    input BarOrigin = 0;

    def ThisBar = HighestAll(BarOrigin);

    def ValueLine = if BarOrigin == ThisBar

                then Value

                else Double.NaN;

    plot P = if ThisBar - BarID <= BarOrigin

             then HighestAll(ValueLine)

             else Double.NaN;

}

# Variables

def o = open;

def h = high;

def l = low;

def c = close;

def x = BarNumber();

def xN = x == HighestAll(x);

# R1

def hh = fold i = 1 to n + 1

         with p = 1

         while p

         do h > GetValue(h, -i);

def PivotH = if (x > n and

                 h == Highest(h, n) and

                 hh)

             then h

             else Double.NaN;

def PHValue = if !IsNaN(PivotH)

              then PivotH

              else PHValue[1];

def PHBarOrigin = if !IsNaN(PivotH)

                  then x

                  else PHBarOrigin[1];

def PHBarID = x - PHBarOrigin;

# R2

def R2PHValue = if PHBarOrigin != PHBarOrigin[1]

                then PHValue[1]

                else R2PHValue[1];

def R2PHBarOrigin = if PHBarOrigin != PHBarOrigin[1]

                    then PHBarOrigin[1]

                    else R2PHBarOrigin[1];

def R2PHBarID = x - R2PHBarOrigin;

# R3

def R3PHValue = if R2PHBarOrigin != R2PHBarOrigin[1]

                then R2PHValue[1]

                else R3PHValue[1];

def R3PHBarOrigin = if R2PHBarOrigin != R2PHBarOrigin[1]

                    then R2PHBarOrigin[1]

                    else R3PHBarOrigin[1];

def R3PHBarID = x - R3PHBarOrigin;

# S1

def ll = fold j = 1 to n + 1

         with q = 1

         while q

         do l < GetValue(l, -j);

def PivotL = if (x > n and

                 l == Lowest(l, n) and

                 ll)

             then l

             else Double.NaN;

def PLValue = if !IsNaN(PivotL)

              then PivotL

              else PLValue[1];

def PLBarOrigin = if !IsNaN(PivotL)

                  then x

                  else PLBarOrigin[1];

def PLBarID = x - PLBarOrigin;

# S2

def S2PLValue = if PLBarOrigin != PLBarOrigin[1]

                then PLValue[1]

                else S2PLValue[1];

def S2PLBarOrigin = if PLBarOrigin != PLBarOrigin[1]

                    then PLBarOrigin[1]

                    else S2PLBarOrigin[1];

def S2PLBarID = x - S2PLBarOrigin;

# S3

def S3PLValue = if S2PLBarOrigin != S2PLBarOrigin[1]

                then S2PLValue[1]

                else S3PLValue[1];

def S3PLBarOrigin = if S2PLBarOrigin != S2PLBarOrigin[1]

                    then S2PLBarOrigin[1]

                    else S3PLBarOrigin[1];

def S3PLBarID = x - S3PLBarOrigin;

# S4

def S4PLValue = if S3PLBarOrigin != S3PLBarOrigin[1]

                then S3PLValue[1]

                else S4PLValue[1];

def S4PLBarOrigin = if S3PLBarOrigin != S3PLBarOrigin[1]

                    then S3PLBarOrigin[1]

                    else S4PLBarOrigin[1];

def S4PLBarID = x - S4PLBarOrigin;

# S5

def S5PLValue = if S4PLBarOrigin != S4PLBarOrigin[1]

                then S4PLValue[1]

                else S5PLValue[1];

def S5PLBarOrigin = if S4PLBarOrigin != S4PLBarOrigin[1]

                    then S4PLBarOrigin[1]

                    else S5PLBarOrigin[1];

def S5PLBarID = x - S5PLBarOrigin;

# Plots

#plot R1 = LinePlot(BarID = PHBarID,

             #      Value = PHValue,

                #   BarOrigin = PHBarOrigin);

#R1.SetDefaultColor(Color.GREEN);

#AddChartBubble(x == HighestAll(PHBarOrigin), PHValue, "R1", Color.GREEN, 1);

#plot R2 = LinePlot(BarID = R2PHBarID,

              #     Value = R2PHValue,

                 #  BarOrigin = R2PHBarOrigin);

#R2.SetDefaultColor(Color.GREEN);

#AddChartBubble(x == HighestAll(R2PHBarOrigin), PHValue, "R2", Color.GREEN, 1);

#plot R3 = LinePlot(BarID = R3PHBarID,

                 #  Value = R3PHValue,

                  # BarOrigin = R3PHBarOrigin);

#R3.SetDefaultColor(Color.GREEN);

#AddChartBubble(x == HighestAll(R3PHBarOrigin), PHValue, "R3", Color.GREEN, 1);

plot S1 = LinePlot(BarID = PLBarID,

                   Value = PLValue,

                   BarOrigin = PLBarOrigin);

S1.SetDefaultColor(Color.RED);

AddChartBubble(x == HighestAll(PLBarOrigin), PLValue, "S1", Color.RED, 0);

#plot S2 = LinePlot(BarID = S2PLBarID,

                  # Value = S2PLValue,

                  # BarOrigin = S2PLBarOrigin);

#S2.SetDefaultColor(Color.RED);

#AddChartBubble(x == HighestAll(S2PLBarOrigin), PLValue, "S2", Color.RED, 0);

#plot S3 = LinePlot(BarID = S3PLBarID,

#                   Value = S3PLValue,

    #               BarOrigin = S3PLBarOrigin);

#S3.SetDefaultColor(Color.RED);

#AddChartBubble(x == HighestAll(S3PLBarOrigin), PLValue, "S3", Color.RED, 0);

# Trend Line

#plot SupportLine2 = if x == HighestAll(S2PLBarOrigin)

            #        then S2

                #    else if x == HighestAll(PLBarOrigin)

                    #     then S1  #Parentlow

                   #      else Double.NaN;

#SupportLine2.EnableApproximation();

#SupportLine2.SetDefaultColor(Color.GRAY);

#SupportLine2.SetLineWeight(1);

#SupportLine2.SetStyle(Curve.LONG_DASH);

#def slope2 = (S2 - S1) /

           #  (HighestAll(S2PLBarOrigin) - PLBarOrigin);

#plot ExtLine2 = if x >= S2PLBarOrigin

             #   then (x - HighestAll(S2PLBarOrigin)) * slope2 + S2

               # else Double.NaN;

#ExtLine2.EnableApproximation();

#ExtLine2.SetDefaultColor(Color.GRAY);

#ExtLine2.SetLineWeight(1);

#ExtLine2.SetStyle(Curve.LONG_DASH);

#plot SupportLine3 = if x == HighestAll(R3PHBarOrigin)

#                    then R3

  #                  else if x == PHBarOrigin

       #                  then R1

        #                 else Double.NaN;

#SupportLine3.EnableApproximation();

#SupportLine3.SetDefaultColor(Color.GRAY);

#SupportLine3.SetLineWeight(1);

#SupportLine3.SetStyle(Curve.LONG_DASH);

#def slope3 = (R1 - R3) /

           #  (HighestAll(PHBarOrigin) - R3PHBarOrigin);

#plot ExtLine3 = if x >= R3PHBarOrigin

               # then (x - HighestAll(R3PHBarOrigin)) * slope3 + R3

                #else Double.NaN;

#ExtLine3.EnableApproximation();
#ExtLine3.SetDefaultColor(Color.GRAY);
#ExtLine3.SetLineWeight(1);
#ExtLine3.SetStyle(Curve.LONG_DASH);

 

[MatthewA]

@PT2582 I think I understand what is going on here... Also I know you know that Wolf is not just a pretty pattern but it is a zone where buyers and sellers have become satisfied so the next direction of movement will be free... So we need Relative Volume with this study!